Why is Tahmar Enterp. falling/rising?

As of 26-Sep, Tahmar Enterprises Ltd is experiencing a decline in its stock price, currently at 11.28, which reflects a decrease of 0.59 or 4.97%. The stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total decline of 11.88%. In terms of returns, the stock has dropped 7.99% over the past week and 14.55% over the past month, while it has shown a staggering decline of 49.73% year-to-date and 54.53% over the past year. The company is also trading below all its moving averages, indicating a persistent downward trend. The negative factors contributing to this decline include operating losses, a high debt-to-EBITDA ratio, and a low return on equity, which collectively signify weak long-term fundamental strength and profitability.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex only declining by 2.66% over the past week and 0.45% over the past month. This stark contrast highlights the stock's underperformance not only in the short term but also in the long term, as it has lagged behind the BSE500 index over various periods. The paper and paper products sector, in which Tahmar operates, has also seen a decline of 2.25%, further contributing to the negative sentiment surrounding the stock. Despite a rise in investor participation, as indicated by a significant increase in delivery volume, the overall outlook remains bleak due to the company's financial struggles and poor historical performance.